$BTC Today, Tuesday, April 22, 2025, Bitcoin (BTC) is showing a generally positive trend. Here's a summary based on the latest information:

Current Price and Recent Performance:

* As of around 12:45 PM EAT, the live price of Bitcoin is fluctuating around $88,100 - $88,300 USD.

* Bitcoin has experienced a rise in price over the last 24 hours, with percentage increases ranging from 0.63% to 0.87% reported by different sources.

* Over the past week, Bitcoin has also shown positive growth, with increases around 3.9% to 4.2%.

* Looking at the past month, Bitcoin's price has increased by approximately 3.6% to 5.17%.

Key Observations and Market Sentiment:

* Bullish Momentum: Several sources indicate a recent bullish trend, with Bitcoin breaking above the $88,000 mark, reaching its highest point since early April.

* Institutional Interest: The recent surge is attributed to rising institutional interest, highlighted by Strategy's acquisition of a significant amount of Bitcoin.

* Market Dominance: Bitcoin's dominance in the cryptocurrency market has risen to its highest level since February 2021, reaching around 64.6%. This suggests that while Bitcoin is gaining, many altcoins are declining.

* Technical Analysis: Some technical analysis suggests that Bitcoin has broken through a falling trend channel in the short term, indicating a potential for slower decline or a more horizontal movement. However, medium-term analysis still shows a negative assessment according to one report. Resistance is noted around the $87,300 and $92,500 levels.